MFs see Rs 22.5k-crore inflow in Jan; total at Rs1.84Lcr in FY16

Investors pumped in over Rs 22,500 crore into various mutual fund (MF) schemes in January, with debt segment contributing the most to the inflow.

NEW DELHI:Investors pumped in over Rs 22,500 crore into various mutual fund (MF) schemes in January, with debt segment contributing the most to the inflow.

With this, the total net inflow in MF schemes has reached Rs 1.84 lakh crore in the April-January period of the current fiscal. In comparison, MFs had witnessed an inflow of Rs 1.95 lakh crore in the year-ago period.

According to the data from the Association of Mutual Funds in India (Amfi), investors have poured in a net of Rs 22,569 crore in MF schemes last month as compared to an outflow of Rs 22,567 crore in the preceding month.

The latest inflow has been mainly driven by contribution from income funds or debt schemes. Besides, equity schemes continued to witness positive inflow.

Income funds is a type of mutual fund that emphasises on current income, either on a monthly or quarterly basis, as opposed to capital appreciation. Such funds hold a variety of government, municipal and corporate debt obligations among others.